KPMG: China’s manufacturing ecosystem to show resilience riding on IoT, AI prowess
A vehicle is assembled on an automated production line in Beijing. ZHENG HUANSONG/XINHUA China’s future economic growth will be increasingly propelled by green technology, smart manufacturing and the digital economy,…
HK stablecoin license attracts big names
Chinese mainland internet heavyweights have accelerated steps to apply for stablecoin licenses in Hong Kong as the city’s Stablecoins Ordinance will come into effect on Aug 1. This, industry experts…
Steps afoot to remedy property slump
After property’s traditional peak sales season in March and April, the momentum of China’s real estate market has been showing signs of weakening of late, raising the need for more…
China’s auto market posts strong growth in H1
Ecarx showcases cars featuring its technology on March 20 in Hangzhou, Zhejiang province. BEIJING — China’s auto production and sales logged double-digit increases in the first half of the year,…
Bond Connect to expand further
China’s central bank has unveiled a series of new measures to expand the Bond Connect program linking the country’s interbank bond market with global markets via Hong Kong, allowing more…
Global youth forge digital path to low-carbon energy
On June 30, the 2025 Multiculture Dialogue for Global Youth and Media in the Energy Sector was held in Beijing under the theme “Empowering a Low-Carbon Future with Digitalization and…
World’s most powerful direct-drive floating wind turbine unveiled in China
This undated photo shows the world’s most powerful direct-drive floating wind turbine in Fuqing, East China’s Fujian province. BEIJING — China has achieved a major breakthrough in clean energy technology…
Tech firms up ante on open-source AI models
Visitors gather at a booth of the Qwen large language model, developed by Alibaba Group, during a high-tech expo in Shanghai. LONG WEI/FOR CHINA DAILY Chinese companies are doubling down…
Ethiopian Airlines adds Urumqi cargo route
Ethiopian Airlines, the largest carrier in Africa, recently launched new cargo flights between Ethiopia’s capital Addis Ababa and Urumqi in the Xinjiang Uygur autonomous region. The route has become the…
China’s energy consumption per unit of GDP decreases 11.6% in 4 years
BEIJING – China’s energy consumption per unit of GDP decreased by 11.6 percent in the first four years of the 14th Five-Year Plan period (2021-2025), Zheng Shanjie, head of the…